SPY Trade on Jan 14, 2016 10:41 from ToqueX: Tradervue User Stock Trades.

Shared by:
ToqueX

Grade=D
P/L= -0.8R

Entry: I was looking at a rollover on a 3m chart. A 5m chart probably would have kept me out of this.

Result: Stopped out. It rallied again before fading off after my bedtime.

Lesson: With SPY especially, a 5m chart is important to look at over the 3m. I need to wait for a lower high to short. I need to not short low in the range, but wait for a better opportunity or just let it go.

Execution detail:

Date/time Symbol Side Price Position

2016-01-14 10:41:21 SPY sell $190.880 short

2016-01-14 10:45:02 SPY buy $191.440 0

Date/time	Symbol	Side	Price	Position
2016-01-14 10:41:21	SPY	sell	$190.880	short
2016-01-14 10:45:02	SPY	buy	$191.440	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=SPY&trade=4130508&end=20160213&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=SPY&trade=4130508&end=20160114160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=SPY&trade=4130508&end=20160114131502&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=SPY&trade=4130508&end=20160114111402&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

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SPY Trade on Jan 14, 2016 10:41 from ToqueX: Tradervue User Stock Trades.

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